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Nonprofit · EIN 58-1698610

NORTH CAROLINA GSK FOUNDATION INC

Tax-exempt · DURHAM, NC 27701

Financials

$9.2M$8.1M2021$4.7M$3.9M2022$2.9M$1.6M2023$4.5M$2.5M2024$26.6M$6.5M2025
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA GSK FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$26,551,706$6,457,585$20,094,121$77,915,930$3,827,528$74,088,402
December 31, 2024990-PF$4,515,329$2,470,599$2,044,730$71,693,024$1,631,411$70,061,613
December 31, 2023990-PF$2,880,831$1,574,508$1,306,323$68,434,707$3,555,622$64,879,085
December 31, 2022990-PF (amended)$4,670,887$3,947,232$723,655$63,366,755$6,321,494$57,045,261
December 31, 2021990-PF (amended)$9,210,244$8,065,151$1,145,093$82,949,220$6,772,872$76,176,348
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$40,217
Dividends
$2,334,885
Interest
$918
Net gain from sales of assets
$24,175,686

Expenses

Grants and similar amounts paid
$4,889,592
Compensation of officers, directors and key employees
$64,000
Salaries, compensation and benefits (total)
$566,054
Disbursements for charitable purposes
$3,248,416
Excise tax on investment income
$366,609

Balance sheet and other

Total assets, start of year
$71,693,024
Total assets, end of year
$77,915,930
Total liabilities, end of year
$3,827,528
Net assets, end of year
$74,088,402
Fair market value of assets
$77,915,930
Qualifying distributions
$3,248,416
Net investment income
$26,511,489

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARGARET B DARDESS
410 BLACKWELL ST, DURHAM, NC 27701
CHAIRPERSON0.46$6,000
GEORGE B ABERCROMBIE
410 BLACKWELL ST, DURHAM, NC 27701
PRESIDENT0.46$6,000
THOMAS R HABER
410 BLACKWELL ST, DURHAM, NC 27701
TREASURER0.46$6,000
JOHN FAV CECIL
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$6,000
RAN COBLE
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$6,000
JANICE M WHITAKER
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$6,000
PAUL A HOLCOMBE JR
410 BLACKWELL ST, DURHAM, NC 27701
SECRETARY0.46$5,000
ADRIANNA CARTER
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$5,000
SHIRLEY T FRYE
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$5,000
ANN B GOODNIGHT
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$5,000
DR CHARLES SANDERS
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$4,000
S MARK WERNER
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$4,000
MELISSA CHAPPELL
410 BLACKWELL ST, DURHAM, NC 27701
EXECUTIVE DIRECTOR40$0
990-PF for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
MARGARET B DARDESS
410 BLACKWELL ST, DURHAM, NC 27701
CHAIRPERSON0.46$4,000
GEORGE B ABERCROMBIE
410 BLACKWELL ST, DURHAM, NC 27701
PRESIDENT0.46$4,000
PAUL A HOLCOMBE JR
410 BLACKWELL ST, DURHAM, NC 27701
SECRETARY0.46$4,000
THOMAS R HABER
410 BLACKWELL ST, DURHAM, NC 27701
TREASURER0.46$4,000
ADRIANNA CARTER
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$4,000
SHIRLEY T FRYE
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$4,000
S MARK WERNER
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$4,000
JANICE M WHITAKER
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$4,000
JOHN FAV CECIL
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$3,000
RAN COBLE
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$3,000
ANN B GOODNIGHT
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$3,000
DR CHARLES SANDERS
410 BLACKWELL ST, DURHAM, NC 27701
DIRECTOR0.46$3,000
MARILYN E FOOTE-HUDSON
410 BLACKWELL ST, DURHAM, NC 27701
FORMER EXECUTIVE DIRECTOR40$0
MELISSA CHAPPELL
410 BLACKWELL ST, DURHAM, NC 27701
EXECUTIVE DIRECTOR40$0
990-PF for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Margaret B Dardess
410 Blackwell St, Durham, NC 27701
Chairperson0.46$4,000
George B Abercrombie
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Paul A Holcombe Jr
410 Blackwell St, Durham, NC 27701
Secretary0.46$4,000
Thomas R Haber
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Ran Coble
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Shirley T Frye
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Ann B Goodnight
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
S Mark Werner
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Janice M Whitaker
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Dr Charles Sanders
410 Blackwell St, Durham, NC 27701
Director0.46$3,000
Adrianna Carter
410 Blackwell St, Durham, NC 27701
Director0.46$1,000
John FAV Cecil
410 Blackwell St, Durham, NC 27701
Director0.46$1,000
Marilyn E Foote-Hudson
410 Blackwell St, Durham, NC 27701
Executive Direc40$0
990-PF for the year ended December 31, 2022: 13 people
NameTitleHours / weekCompensation
S Mark Werner
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Ann B Goodnight
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Margaret B Dardess
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Shirley T Frye
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Thomas R Haber
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Paul A Holcombe Jr
410 Blackwell St, Durham, NC 27701
Secretary0.46$4,000
Janice M Whitaker
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
George B Abercrombie
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Ran Coble
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Robert A Ingram
410 Blackwell St, Durham, NC 27701
Chairman0.46$3,000
Dr Charles Sanders
410 Blackwell St, Durham, NC 27701
Director0.46$3,000
John FAV Cecil
410 Blackwell St, Durham, NC 27701
Director0.46$1,000
Marilyn E Foote-Hudson
410 Blackwell St, Durham, NC 27701
Executive Direc40$0
990-PF for the year ended December 31, 2021: 13 people
NameTitleHours / weekCompensation
S Mark Werner
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Ann B Goodnight
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Margaret B Dardess
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Shirley T Frye
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Thomas R Haber
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Paul A Holcombe Jr
410 Blackwell St, Durham, NC 27701
Secretary0.46$4,000
Janice M Whitaker
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
George B Abercrombie
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Ran Coble
410 Blackwell St, Durham, NC 27701
Director0.46$4,000
Robert A Ingram
410 Blackwell St, Durham, NC 27701
Chairman0.46$3,000
John FAV Cecil
410 Blackwell St, Durham, NC 27701
Director0.46$3,000
Dr Charles Sanders
410 Blackwell St, Durham, NC 27701
Director0.46$2,000
Marilyn E Foote-Hudson
410 Blackwell St, Durham, NC 27701
Executive Direc40$0

Address and contacts

Address (IRS master file)
410 BLACKWELL STREET, DURHAM, NC 27701-3986
Signed the 990-PF
MELISSA CHAPPELL, EXECUTIVE DIRECTOR
Phone
(919) 483-2140
Return prepared by
THOMAS JUDY & TUCKER PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-1698610
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1986
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$77,915,930
Income (IRS master file)
$109,153,178

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$26,551,706$6,457,585$77,915,930XML
990-PFDecember 2024$4,515,329$2,470,599$71,693,024XML
990-PFDecember 2023$2,880,831$1,574,508$68,434,707XML
990-PFDecember 2022$4,670,887$3,947,232$63,366,755XML
990-PFDecember 2021$9,210,244$8,065,151$82,949,220XML
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1698610).

Questions about NORTH CAROLINA GSK FOUNDATION INC

What is the EIN of NORTH CAROLINA GSK FOUNDATION INC?
The employer identification number (EIN) of NORTH CAROLINA GSK FOUNDATION INC is 58-1698610.
Is NORTH CAROLINA GSK FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to NORTH CAROLINA GSK FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NORTH CAROLINA GSK FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of NORTH CAROLINA GSK FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH CAROLINA GSK FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of NORTH CAROLINA GSK FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 13 people; 12 received compensation from the organization, the highest $6,000 (MARGARET B DARDESS, CHAIRPERSON).
How much revenue does NORTH CAROLINA GSK FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $26,551,706, expenses of $6,457,585 and total assets of $77,915,930 at year end.

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